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  #1  
Old 01-12-2020, 7:09 PM
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LuciusKang LuciusKang is offline
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Default 03 FFL + COE = Cash and Carry?`

I'm selling a 1952 produced CZ50 and someone claims they have an 03 FFL and a COE and that this permits them to cash and carry the handgun.

Scam or no?
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Old 01-12-2020, 7:14 PM
Bigdog68 Bigdog68 is offline
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Not in California for C&R handguns, all the 03 and COE gets you is no 10 day wait and no 1 in 30 limit (on C&R handguns only), if the FFL does the DROS correct.
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Old 01-12-2020, 7:15 PM
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Not for handguns if you are a California seller. In California even C&R handguns must be transferred through an 01/7 FFL. C&R plus COE allows an exemption to the waiting period if the FFL knows how to work the DROS screens and is willing to do so.
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Old 01-12-2020, 7:16 PM
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C&R and COE is an exemption from 1/30 for all handguns, not only C&R.
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Old 01-12-2020, 7:35 PM
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It does allow them to cash and carry the same day but the transfer still must be done at a 01 FFL. As for you the seller, you will go to the FFL and do a normal PPT the same as you would for any buyer. It is up to the buyer and the FFL to work out the details of the same day release.

Quote:
Originally Posted by Bigdog68 View Post
Not in California for C&R handguns, all the 03 and COE gets you is no 10 day wait and no 1 in 30 limit (on C&R handguns only), if the FFL does the DROS correct.
C&R + COE = 1 in 30 exempt for all handguns, including modern handguns. It took a lawsuit to get DOJ to see it that way, but now they do and there is a memo in DES.
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Old 01-12-2020, 7:56 PM
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It does allow them to cash and carry the same day but the transfer still must be done at a 01 FFL.
07 FFL can do it too.
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Old 01-12-2020, 9:49 PM
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Quote:
Originally Posted by Bigdog68 View Post
Not in California for C&R handguns, all the 03 and COE gets you is no 10 day wait and no 1 in 30 limit (on C&R handguns only), if the FFL does the DROS correct.



Within CA and with the transferee having a valid C&R 03-FFL & valid COE, only C&R long guns can be transferred via cash & carry.

Within CA, transfers of C&R handguns must be done through a CA FFL dealer.
However, if the transferee has a valid C&R 03-FFL + valid COE, then they are exempt from the 10 day waiting period and 1 in 30 day wait (except in LA).
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